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Clean Max Enviro Energy SolutionsNSE:CLEANMAX +2.03%10 Interest Coverage is 1.07 as of Mar. 2026, which is at its 10-year median of 1.07. GuruFocus rates NSE:CLEANMAX with a GF Score™ of 10/100. The stock has 7 warning signs investors should review. Among 323 Utilities - Independent Power Producers companies, Clean Max Enviro Energy Solutions ranks worse than 79.88% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Clean Max Enviro Energy Solutions's
Operating Income
for the
six
months ended in Mar. 2026 was ₹3,943 Mil. Clean Max Enviro Energy Solutions's Interest Expense for the
six
months ended in Mar. 2026 was ₹-3,678 Mil.
Clean Max Enviro Energy Solutions's interest coverage for the quarter that ended in Mar. 2026 was 1.07.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Clean Max Enviro Energy Solutions Ltd interest coverage is 1.13, which is low.
The historical rank and industry rank for Clean Max Enviro Energy Solutions's Interest Coverage or its related term are showing as below:
NSE:CLEANMAX'
s Interest Coverage Range Over the Past 10 Years
Min: 0.95 Med: 1.07 Max: 1.28
Current: 1.13
NSE:CLEANMAX's Interest Coverage is ranked worse than 79.88% of 323
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77
vs NSE:CLEANMAX: 1.13
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Clean Max Enviro Energy Solutions Interest Coverage Related Terms
Clean Max Enviro Energy Solutions Interest Coverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Clean Max Enviro Energy Solutions Interest Coverage Chart
Clean Max Enviro Energy Solutions Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Interest Coverage
1.28
1.00
0.95
1.13
Clean Max Enviro Energy Solutions Semi-Annual Data
Clean Max Enviro Energy Solutions Interest Coverage Competitor Comparison
For the Utilities - Renewable subindustry, Clean Max Enviro Energy Solutions's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Clean Max Enviro Energy Solutions Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Clean Max Enviro Energy Solutions's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Clean Max Enviro Energy Solutions's Interest Coverage falls into.
Clean Max Enviro Energy Solutions Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a Interest Coverage of 1.07 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Clean Max Enviro Energy Solutions and its competitors. This is near median its historical median of 1.07. Over the past decade, Clean Max Enviro Energy Solutions' Interest Coverage has ranged from 0.95 to 1.28. According to the industry distribution chart, Clean Max Enviro Energy Solutions ranks #258 out of 323 companies in the Utilities - Independent Power Producers industry, placing it in the top 79.9%.
Is Clean Max Enviro Energy Solutions' Interest Coverage too high?
Clean Max Enviro Energy Solutions' current Interest Coverage of 1.07 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.28. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Clean Max Enviro Energy Solutions' value of 1.07 is 61.4% below this industry median. Based on the distribution chart, Clean Max Enviro Energy Solutions ranks #258 out of 323 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Clean Max Enviro Energy Solutions has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Clean Max Enviro Energy Solutions' Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Clean Max Enviro Energy Solutions ranks #258 out of 323 companies for Interest Coverage. This places Clean Max Enviro Energy Solutions in the lower half of its industry. The industry median Interest Coverage is 2.77. Clean Max Enviro Energy Solutions' value of 1.07 is 61.4% below this benchmark. Historically, Clean Max Enviro Energy Solutions' own Interest Coverage has ranged from 0.95 to 1.28 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 2.77, Clean Max Enviro Energy Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 323 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Max Enviro Energy Solutions's current Interest Coverage of 1.07 is 61.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Clean Max Enviro Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Max Enviro Energy Solutions's current Interest Coverage is 1.07, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Max Enviro Energy Solutions stock overvalued right now?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a current Interest Coverage of 1.07. The current Interest Coverage is 1.07, which is near median its 10-year median of 1.07 and 61.4% below the Utilities - Independent Power Producers industry median of 2.77. Clean Max Enviro Energy Solutions' overall GF Score™ is 10/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Clean Max Enviro Energy Solutions (NSE:CLEANMAX), the current Interest Coverage is 1.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Clean Max Enviro Energy Solutions Ltd operates as a provider of commercial and industrial renewable energy. It specializes in delivering Net Zero and decarbonization solutions, including supplying renewable power and offering energy services and carbon credit solutions to customers across data centres, AI and technology industries and commercial and industrial enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, and real estate. The company's two business segments are: (i) Renewable Energy Power Sales Segment, and (ii) Renewable Energy Services Segment. The majority of the company's revenue is derived from the Renewable Energy Power Sales Segment, which is focused on the sale of electricity.
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